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frxUSD
Frax USD price
0xcacd...6e29
₺40.3949
+₺0.0080774
(+0.02%)
Price change for the last 24 hours
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frxUSD market info
Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Market cap = Circulating supply × Last price
Network
Underlying blockchain that supports secure, decentralized transactions.
Circulating supply
Total amount of a coin that is publicly available on the market.
Liquidity
Liquidity is the ease of buying/selling a coin on DEX. The higher the liquidity, the easier it is to complete a transaction.
Market cap
₺1.93B
Network
Ethereum
Circulating supply
47,819,845 frxUSD
Token holders
505
Liquidity
₺177.57M
1h volume
₺181.68K
4h volume
₺2.65M
24h volume
₺42.80M
Frax USD Feed
The following content is sourced from .
kram
the problem is not "oh, no, stablecoins are fragmented across chains how can we connect them?"
the problems is "how can stablecoins best leverage interop to get distribution on certain chains?"
0xweiler
1/ 25.4% of major stablecoin issuers (>$50M market cap) issue tokens using @LayerZero_Core's OFT Standard.
This includes USDT0 (@Tether_to), USDe (@ethena_labs), PYUSD (@PayPal), USDY (@OndoFinance), frxUSD (@fraxfinance), and more.
With stablecoins going multichain, OFT is becoming the path to scale with no wrapped assets.
Here’s what’s driving the shift in the @Messari_crypto LayerZero Pulse report🧵👇
🔗
24.25K
0
Stephen | DeFi Dojo
I may have been fading @StakeDAOHQ for too long.
I also believe some of these LPs may become composable soon?
A few notes:
► The underlying TVL of the pool is more important than the TVL on stakehouse if you're concerned with dilution
► Some of these do have low underlying TVL
► Exotic stables can be expensive to enter / exit
Still, definitely deserves a second look
5.8K
44
kram
Interop is perfectly positioned as a second order effect to stablecoins.
- 25% of all stables (14/55) over $50M use LayerZero to issue their tokens.
- 61% ($150B) of stablecoins move between chains using LayerZero messaging.
0xweiler
1/ 25.4% of major stablecoin issuers (>$50M market cap) issue tokens using @LayerZero_Core's OFT Standard.
This includes USDT0 (@Tether_to), USDe (@ethena_labs), PYUSD (@PayPal), USDY (@OndoFinance), frxUSD (@fraxfinance), and more.
With stablecoins going multichain, OFT is becoming the path to scale with no wrapped assets.
Here’s what’s driving the shift in the @Messari_crypto LayerZero Pulse report🧵👇
🔗
11.2K
8
frxUSD price performance in TRY
The current price of frax-usd is ₺40.3949. Over the last 24 hours, frax-usd has increased by +0.02%. It currently has a circulating supply of 47,819,845 frxUSD and a maximum supply of 47,819,845 frxUSD, giving it a fully diluted market cap of ₺1.93B. The frax-usd/TRY price is updated in real-time.
5m
+0.00%
1h
+0.00%
4h
-0.01%
24h
+0.02%
About Frax USD (frxUSD)
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Frax USD FAQ
What’s the current price of Frax USD?
The current price of 1 frxUSD is ₺40.3949, experiencing a +0.02% change in the past 24 hours.
Can I buy frxUSD on OKX TR?
No, currently frxUSD is unavailable on OKX TR. To stay updated on when frxUSD becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of frxUSD fluctuate?
The price of frxUSD fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Frax USD worth today?
Currently, one Frax USD is worth ₺40.3949. For answers and insight into Frax USD's price action, you're in the right place. Explore the latest Frax USD charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Frax USD, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Frax USD have been created as well.
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OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.